Mohammad A.Hamama's Library tagged crisis → View Popular, Search in Google

Aug

2011

اليسار: الخروج من الأزمة | مركز الدراسات الاشتراكية - مصر

www.e-socialists.net/7184

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Left Egypt History Struggle Revolution Jan25 crisis Marxism Socialism

Jul

2011

Socialist Alternative - Perspectives on the world crisis and rebellion

www.sa.org.au/index.php

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Socialism Economy crisis Capitalism Austerity Europe

. In the US, unemployment, which had doubled from 5 to 10 per cent, remained stuck at this high level.
But there was no recovery for the working class
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- But there was no recovery for the working class
- But there was no recovery for the working class. The bosses used the Great Recession to cut pay and casualise jobs. In the US, unemployment, which had doubled from 5 to 10 per cent, remained stuck at this high level. The boom in oil and commodity prices in late 2010 pushed up the price of household essentials. The poverty rate soared. The situation was no better in Europe where there are 25 million unemployed and the unemployment rate amongst young adults is at 20 per cent or more.
- In the US, unemployment, which had doubled from 5 to 10 per cent, remained stuck at this high level
- In the US, unemployment, which had doubled from 5 to 10 per cent, remained stuck at this high level
- . In the US, unemployment, which had doubled from 5 to 10 per cent, remained stuck at this high level.
- $2.4 trillion dollars in total
- The situation was no better in Europe where there are 25 million unemployed and the unemployment rate amongst young adults is at 20 per cent or more
- G7 growth tailed downwards every quarter through 2010 and the 3 per cent growth recorded in the US economy in 2010 was well down on the 8 per cent annual growth enjoyed by the US when it was last recovering from such a deep collapse in 1934 and 1935, never mind the 14 per cent growth recorded in 1936.
- Now the capitalists and their governments are using the supposed “debt crisis” that has resulted to ram through savage cuts in government spending in a “shock and awe” exercise to demoralise working class opposition.
- These loans were no act of charity by the IMF and EU, merely an emergency measure to ensure that these governments paid back the money that they owed to European and US banks – $2.4 trillion dollars in total
- the imposition of drastic austerity measures
- In Greece, wages have fallen by 20 per cent
- In Ireland, unemployment has risen from 4 per cent per cent before the crash to 15 per cent today
- the deepest cuts to public spending since 1922. Student fees have been tripled.
- government in Britain announced cuts of £81 billion in its October 2010 budget
- In the US, the Obama administration announced $US38 billion in spending cuts to the US federal budget in April and spelled out plans to reduce government outlays by $4 trillion over the next ten years
- State and local governments for their part are closing schools and fire stations, cutting public sector pay and laying off workers – 150,000 in the last six months alone
- the biggest wave of working class and revolutionary struggle for at least thirty years
- Regular mass strikes in Portugal and Italy, 10 million on strike in Spain in September, and eight general strikes in Greece in 2010, two so far in 2011 and another one scheduled for May
- A massive series of public sector strikes against cuts to state pensions took place in France last September and 10,000 teachers, doctors and other public sector workers marched against cuts in Belgrade in late March
- Students have joined workers and the young unemployed in protests, with a wave of student occupations in Italy, Austria and Greece in the northern autumn
- But they got a big shock in Wisconsin in February when the sleeping giant of US labour got back on its feet. Tens of thousands of workers rallied in opposition to an attempt by the Republican governor Scott Walker to strip away public sector workers’ collective bargaining rights and cut wages and pensions for state and local government workers
- resistance is continually being undermined by the established leadership of the trade unions, reformist and “progressive” forces
- the established leadership, both parliamentary and industrial, is committed to the capitalist system
- student struggles, which have a history of rising very quickly but then vanishing just as fast
- the main beneficiaries of the economic crisis have been the far right, not the left
- More mainstream conservative parties in government are also doing their best to cultivate a racist environment in order to divide opposition to their austerity measures
- fiscal policy implementation shocks

Jul

2011

The political lessons of Greece

www.wsws.org/...pers-j06.shtml

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Greece Capitalism crisis IMF World Bank

Oct

2010

Eleven reasons to fight the Con-Dem cuts #1: A Coalition of the Rich | Counterfire

www.counterfire.org/...cuts-1-a-coalition-of-the-rich

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Capitalism Humanity Exploitation Riches crisis Credit Crisis Cuts Democrats Neo-cons Bailout

Sep

2010

Obama on Labor Day: No measures to address jobs crisis

www.wsws.org/...pers-s07.shtml

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Obama US crisis Economy Credit Crisis Unemployment Job losses Labor Day

Aug

2010

“Without A Revolution, Americans Are History.” - Another World Is Possible

www.a-w-i-p.com/...title-54

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US America crisis Revolution Capitalism

The political and social roots of Russia’s wildfire disaster

www.wsws.org/...russ-a21.shtml

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Russia Wildfire Disaster crisis

Apr

2009

مشيرة خطاب: الصعيد مسئول عن الزيادة السكانية

A7aaa!!

www.youm7.com/...News.asp

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Upper Egypt Population crisis Recession الصعيد السكان مصر Governmental bullshit

Mar

2009

Asia hit hard by financial crisis

news.bbc.co.uk/...7931861.stm

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Capitalism Credit Crisis Asia الرأسمالية الركود الأزمة المالية أسيا crisis

Feb

2009

الفضائية - تقارير - الاقتصادية - مئات الفلاحين مهددون بالسجن في مصر

aljazeera.net/...40C-4619-B3A8-3C70BAB9409E.htm

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Struggle نضال Egypt مصر الأزمة crisis Farmers الفلاحين

Feb

2009

CNNMoney.com : Three more banks fail; nine already this year

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Capitalism US crisis Banks Credit-crisis Depression

BBCArabic : افلاس مصرفين اميركيين جديدين

السلطات الامريكية تقفل مصرفين محليين جديدين، وهما "كاونتي بانك" و"الاينس بانك"، وتنقل ودائعهما الى مصارف اخرى

news.bbc.co.uk/...7877029.stm

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Capitalism US crisis Credit-crisis

Feb

2009

The Independant : A manifesto to save the free market

As the capitalism collapses, those jackasses are not able to find a way to save the situation .. They are so stupid as they trying to repair the flaws of the free market by having more free market!!! Fuck it..

www.independent.co.uk/...e-the-free-market-1546275.html

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Capitalism credit crisis Recession Banks Free-market economics

Jobless claims highest in 26 years

The number of Americans filing for first-time unemployment benefits surged last week to a level not seen since October 1982, according to a government report released Thursday.

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Capitalism credit crisis Job-losses Corporations Banks

Market Watch : Retail jobs are disappearing fast, won't come back

Recessions aren’t equal-opportunity unemployers. Usually the pain of job loss is felt most acutely among factory workers, while the vastly larger number of people who work in services are more likely to keep their jobs. But this recession is different.

www.google.com/view

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Capitalism credit crisis Recession

Feb

2009

Reuters, NY Times : News Corp. Reports Loss on $8.4 Billion Write-Down

The media company, controlled by Rupert Murdoch, reported a quarterly loss of $6.41 billion on a write-down of Dow Jones & Co. and other assets, as the recession hit advertising revenue.

www.nytimes.com/...06news.html

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Capitalism US credit crisis الأزمة المالية الرأسمالية